Grantchester Invests in UCAP Power, Inc.

Investment Funds Acquisition of Maxwell Technologies’ Non-Dry Electrode Ultracapacitor Business

Investment

San Diego, CA –News Direct– July 26, 2021 – Grantchester Group a global private equity investment firm specializing in electrification, infrastructure, and clean energy generation, announced its UCAP Power, Inc. investment, funding UCAP’s expansion in the ultracapacitor market with the acquisition of Maxwell Technologies. The purchase includes Maxwell’s non-dry electrode, ultracapacitor business, other related assets, and the Maxwell brand.

Liz Griggs, Managing Partner & CEO of Grantchester Group, commented, “We are excited to announce our investment into UCAP and their acquisition of Maxwell Technologies. We believe that with the global transition to electrified vehicles for both commercial and consumer use, the innate benefits ultracapacitors and their current utilization in advance power train will drive significant growth as industry research forecasts market opportunities to be more than $7 billion annually by 2027.”

Grantchester’s growth strategy focuses on expanding its investment in energy storage and vehicles electrification opportunities. It is uniquely positioned to build value and growth for companies in energy vehicles and infrastructure assets. The Grantchester management team has a proven track record of operating both public and privately held companies, working closely with their portfolio companies, leading, scaling, and investing in sustainable energy with seasoned industry partners.

Contact Details

Company

Liz Griggs, Managing Partner & CEO

+1 858-264-1212

info@grantchestergroup.com

https://www.grantchestergroup.com/

View source version on newsdirect.com: https://newsdirect.com/news/grantchester-c-change-llc-invests-in-ucap-power-inc-448505864

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